My Trading Adventure

end-Nov : Top 3 property stocks

CP TEH
Publish date: Sun, 25 Nov 2018, 04:20 PM
CP TEH
0 2,918
All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.



IOIpg (Market Cap 9.2b) : (PER 14.09 with NTA 3.32) ... SHARP rebound from the dive ... and I missed. sigh. Closed 1.67 ... nearing resistance. cannot chase.


SPSetia (Market Cap 8.4b) : (PER 9.93 with NTA 3.04) .. gapped down due to bad QR but rebounded back to RM2.13


SimeProp (Market Cap 6.8b) : (PER 10.63 and NTA 1.43) ...still staying around RM1 after the selldown.


It is very clear that all in downtrend. Property stocks is crashing ... some crashed to historical new low. Look around in Klang Valley and Penang ... or JB. Plenty of empty condos (high ends) and offices.

Good luck for those holding ... you do need to buy more when market crashing and hold for loooong period of time. The above top 3 should be lower risk but don't expect dividends.

TEH
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Discussions
1 person likes this. Showing 5 of 5 comments

ChloeTai

Just wondering why Ipoh houses are still in great demand. Double storey terrace house costing RM470,000 completely sold. Now Taiko Properties are planning to build 2 and a half storey house costing RM560,000. Let them learn a hard lesson. Once US interest rate hit 3%, global recession will hit. Now the needle has yet to pook US yet. Just wait and see when the needle pook them. Now only China got the negative effects.

2018-11-25 17:49

Jon Choivo

Because if you AirBnB in Ipoh, you can get 10% yield.

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Posted by ChloeTai > Nov 25, 2018 05:49 PM | Report Abuse

Just wondering why Ipoh houses are still in great demand. Double storey terrace house costing RM470,000 completely sold. Now Taiko Properties are planning to build 2 and a half storey house costing RM560,000. Let them learn a hard lesson. Once US interest rate hit 3%, global recession will hit. Now the needle has yet to pook US yet. Just wait and see when the needle pook them. Now only China got the negative effects.

2018-11-25 18:45

ks55_

E&O, Plenitude, Cresndo a sell. All 3 must fall below RM 1.

2018-11-25 22:18

ks55

Are you sure?
You are just an impersonator using my backside as your face.
Shame on you !!!!!!!!!!!!!!!!!!

2018-11-25 22:21

SuperBest

tqs

2018-11-26 15:31

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